goldfinger
- 01 Sep 2004 15:33
This ones a heck of a specualive investment but it seems that the institutions are willing to stomp up the cash to back it in the long term.
Heres the latest news from Killik stocbrokers on the company..........
MEDICAL MARKETING Joint Venture
We recently highlighted Medical Marketing (MMG) as worthy of attention. The company, in which I have a personal share holding, has this morning announced the formation of a joint venture, Genvax, to develop a novel DNA vaccine platform technology.
Human trials have been underway since 2001 in areas such as Lymphoma and Myeloma but the technology has broad applications in cancer, viral and bacterial infections (hence the term platform). The technology works on boosting the immune system by teaching it to identify hard to recognise cancer proteins as foreign and destroy them. Early results from the 25 patient trial in lymphoma are encouraging and evaluation of the result is expected by March 2005. Successful results should mean big pharmaceutical groups will start to take financial and commercial interests around that time.
This looks to be the first of a series of announcements due from Medical Marketing as it has a range of predominantly cancer trials moving into the clinical stage. (news flow could push the price higher)
The stock has made good progress in recent sessions up to the mid-80p level where the company is valued at just under 40 million. ENDS.
Please DYOR
cheers GF.
goldfinger
- 03 May 2005 01:45
- 1528 of 2444
Same here Mitzy and I hope it starts moving up this week.
cheers GF.
goldfinger
- 03 May 2005 09:27
- 1529 of 2444
Well they are in the blue this morning.
cheers GF,
hlyeo98
- 03 May 2005 13:16
- 1530 of 2444
I have full cofidence in MMG.
mickeyskint
- 03 May 2005 13:34
- 1531 of 2444
So have I....I think!!
MS
neilmcleod
- 04 May 2005 09:06
- 1532 of 2444
More selling this morning, down 7.5p. Hopefully the good news is just around the corner. I have full confidence that this one will fly when the important announcements come.
Failed QS
mitzy
- 04 May 2005 09:26
- 1533 of 2444
Fall on low volume but it could easily reverse.
Mr Mole
- 04 May 2005 09:44
- 1534 of 2444
Looking horrid at the moment. Wonder how many stop losses were triggered today?
mitzy
- 04 May 2005 09:51
- 1535 of 2444
Has fallen by half in the last few weeks and at 150p is a bargain but without news it could continue to fall.
mickeyskint
- 04 May 2005 10:03
- 1536 of 2444
How much lower is this going. Keeping the faith is starting to cost me a load of dosh. The more I look at this the more it becomes obvious that this was a screaming short. EK called this one right. There is nothing to keep the share price up only potential, and that's impossible to value. I'm starting to doubt the ability of MMG's management team. GF was dead right when he said that at the presentation they shot themselves in the foot by not giving market sensitive news. The further it falls the better any news has to be to reverse the position. If it's not blinding the we're all ***ked.
MS
goldfinger
- 04 May 2005 11:04
- 1537 of 2444
Looks to me like not just longs selling in volume now but shorters coming in, in volume. Mickeys right the PR from MMG is very poor. Best cant complain about Evil K or any analyst when he and his own financial management team dont measure up. (excludes the scientists)
Im sitting tight awaiting news, I have the luxury of being able to afford to, but a lot dont and I can see why they have to sell. Im sure the company will do well in the medium to long term but thats no good to the short termers. Looks like some have an urgent decision to make.
cheers GF.
mickeyskint
- 04 May 2005 11:48
- 1538 of 2444
This guy makes excellent posts. From the other place.
A0469514 - 4 May'05 - 11:09 - 5450 of 5451
I have just been listening to MMI's R&D presentation again. Every time I hear it I become more and more impressed by the potential of their products.
But what about commercialisation?
David Best talked early on in the presentation that their business plan was to license on the products to big pharma companies when the time was right. He did give a hint that "the right time" might be closer than some investors expected.
We do not necessarily have to wait for clinical trial results. Big pharma could come in earlier with milestone payments at various stages, for example.
In his summing up, David Best said "he wouldn't be drawn on it, but we might see an agreement with big pharma this year". And also "When you have good products with good patents, big pharma is interested".
With potential block buster products as good as the ones MMI appear to have, I could see the big pharma companies being very anxious to get in early and clinch a deal before a competitor does. By doing a deal which involves milestone payments, the big pharma company would have access to a potential blockbuster but could protect its interest by being able to pull out if the product failed to meet expectations at any stage.
Such a deal could be massive for MMI. It is only speculation, of course, but the hints from Mr Best are there. I certainly would not want to be out of these shares when that news hits the markets and there is no knowing when it could happen.
Xylos
Chiva20
- 04 May 2005 12:58
- 1539 of 2444
Nice one Mickey, Do please keep the faith this has cost me a wedge too but it has to be one of the better stocks out there for potential. Can't possibly drop much more so it has to be an opportunity to top up right? If you throw the towel in aswell I think the MMG fan club is doomed!! It'll be me and Xylos against EK. I'm scared ... !! :o)
andysmith
- 04 May 2005 13:33
- 1540 of 2444
Decision is difficult but straightforward, if holding at a loss can you afford to hold during 2005 for the news that should revive MMG or can you afford to top-up at low prices, but what is a low price?
Agree with GF, MMG have not helped themselves with the presentation, the market knows about the potential but now knows about the delays and there is time to get out and get back in at probably lower prices.
IMO there is no doubt that the sp got ahead of itself, thats the reason I took my profit and the reason the shorters had profitable field-days.
Remember that I am a fan of MMG but you have to face reality.
mickeyskint
- 04 May 2005 13:38
- 1541 of 2444
Chiva20
I'm going to hold because I really do believe in this one. So I'll be keeping the faith. We'll fight EK together and we will win....eventually.
LOL
MS
hlyeo98
- 04 May 2005 14:01
- 1542 of 2444
Don't worry, everybody, with the products of MMG, the lower the price goes , the bigger the buying opportunity. Remember that this is for long term holders when maximum profit will be experienced. Time to buy more if it goes lower.
mitzy
- 04 May 2005 14:20
- 1543 of 2444
I remain confident but the continual price erosion is upsetting to say the least..long term I know they are a winner but how low is this one going to.David Best has to release some more news and quickly.
tau
- 04 May 2005 14:43
- 1544 of 2444
Again another excessive mark-down today. Those holding at a loss, myself included, could average down as the price falls but attempting to call the bottom is proving tough. As xylos says, this share is almost too damn speculative not to have in ones porfolio. The problem is going to be newsflow/announcements/information which could arrive tommorrow or next year. Either way, I am not prepared to miss it.
andysmith
- 04 May 2005 14:58
- 1545 of 2444
Absolutely good calls, and I agree with all recent comments especially hlyeo98, the further it falls the bigger the buying opportunity.
mickeyskint
- 04 May 2005 15:34
- 1546 of 2444
Got this from the other place. This cheered me up and put a smile on my face. Read the last paragraph. Nice one harry.
00harry - 4 May'05 - 14:16 - 10290 of 10296
being as it has got boring again ...some health advice
Q: I've heard that cardiovascular exercise can prolong life. Is this true?
A: Your heart is only good for so many beats, and that's it... don't waste them on exercise. Everything wears out eventually. Speeding up your heart will not make you live longer; that's like saying you can extend the life of your car by driving it faster. Want to live longer? Take a nap.
____________________________________
Q: Should I cut down on meat and eat more fruits and vegetables?
A: You must grasp logistical efficiencies. What does a cow eat? Hay and corn. And what are these? Vegetables. So a steak is nothing more than an efficient mechanism of delivering vegetables to your system. Need grain? Eat chicken. Beef is also a good source of field grass (green leafy vegetable). And a pork chop can give you 100% of your recommended daily allowance of vegetable products.
____________________________________
Q: Should I reduce my alcohol intake?
A: No, not at all. Wine is made from fruit. Brandy is distilled wine, that means they take the water out of the fruity bit so you get even more of the goodness that way. Beer is also made out of grain. Bottoms up!
____________________________________
Q: How can I calculate my body/fat ratio?
A: Well, if you have a body and you have body fat, your ratio is one to one. If you have two bodies, your ratio is two to one, etc.
____________________________________
Q: What are some of the advantages of participating in a regular exercise program?
A: Can't think of a single one, sorry. My philosophy is: No Pain...Good
____________________________________
Q: Aren't fried foods bad for you?
A: YOU'RE NOT LISTENING!!!. Foods are fried these days in vegetable oil. In fact, they're permeated in it. How could getting more vegetables be bad for you?
____________________________________
Q: Will sit-ups help prevent me from getting a little soft around the middle?
A: Definitely not! When you exercise a muscle, it gets bigger. You should only be doing sit-ups if you want a bigger stomach.
____________________________________
Q: Is chocolate bad for me?
A: Are you crazy? HELLO ..... Cocoa beans ... another vegetable!!! It's the best feel-good food around!
____________________________________
Q: Is swimming good for your figure?
A: If swimming is good for your figure, explain whales to me.
___________________________________
Q: Is getting in-shape important for my lifestyle?
A: Hey! 'Round' is a shape!
____________________________________
Well, I hope this has cleared up any misconceptions you may have had about food and diets. And remember:
"Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways - Chardonnay in one hand - strawberries in the other - body thoroughly used up, totally worn out, and screaming - WOO HOO! What a Ride!"
LOL
MS
Pete168
- 05 May 2005 07:52
- 1547 of 2444
Just a thought on Ruthenium.
It was mentioned at the R & D day that the reason for the delay going to the clinic was that MMI were performing tests above and beyond what was required by the FDA to get regulatory approval. ( Radiolabelling expert Hoeschelle bought in).
The reason for going above and beyond was stated as to add value and make the product more saleable to big pharma.
It was mentioned in the JM Finn note (I think) that MMI had already been speaking to big pharma so I have to wonder if one of the companies has said they would be more interested if certain other tests were completed.
He who dares Rodney.